Tianhua Xinneng (300390.SZ) announced first-half results, turning losses into profits of 2,292 billion yuan

According to the Zhitong Finance App, Tianhua Xinneng (300390.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 7.78 billion yuan, an increase of 125.00% over the previous year. Achieved net profit of 2,292 billion yuan attributable to shareholders of listed companies. Achieve net profit of 2,267 billion yuan attributable to shareholders of listed companies after deducting non-recurring profit and loss. Basic earnings per share were $2.76.

During the reporting period, benefiting from the rapid development of downstream industries such as new energy vehicles and new energy storage, the lithium battery market space continued to expand, driving demand for core lithium battery materials such as lithium carbonate and cathode materials to rise simultaneously, and shipments rose rapidly. The volume and price of the company's new energy lithium battery materials business rose sharply, and business performance increased significantly in the first half of 2026. Looking forward to the future, the company will continue to consolidate the core business advantages of lithium salt, rely on existing production capacity to flexibly optimize the product structure, continue to deepen long-term cooperation with core downstream customers to ensure the steady release of production and marketing scale; accelerate production capacity climbing in domestic and overseas lithium resource projects, increase the self-sufficiency rate of lithium raw materials, optimize production costs, and enhance the ability to withstand cycle fluctuations. At the same time, the company continues to promote R&D and industrialization exploration of new materials related to solid-state batteries, forwardly lay out the next-generation lithium battery technology circuit, seize industry development opportunities, and achieve the sustainable and healthy development of the enterprise.